The sector of hypermarkets and retail chains contributed the highest contribution to the natural skin care products market, accounting for a revenue share of over 48.1 percent in 2021. (Grandviewresearch, 2016). Global Natural Skin Care Products Market share, by distribution channel, 2021 (%) Direct Selling Hypermarkets & Retail Chain E-commerce ● Pharmacy & Drugstores Other Figure 4: Global natural skin care products market (Grandviewresearch, 2016) From 2022 to 2030, the e-commerce segment is expected to grow at a compound annual growth rate of 7.0 percent. The increasing use of the internet by consumers, as well as targeted marketing by businesses to reach all client touchpoints, are expected to boost the expanding manufacture of natural skin products that are free of harmful chemicals. (Grandviewresearch, 2016). The products can be sold by hypermarkets and e-commerce.
The sector of hypermarkets and retail chains contributed the highest contribution to the natural skin care products market, accounting for a revenue share of over 48.1 percent in 2021. (Grandviewresearch, 2016). Global Natural Skin Care Products Market share, by distribution channel, 2021 (%) Direct Selling Hypermarkets & Retail Chain E-commerce ● Pharmacy & Drugstores Other Figure 4: Global natural skin care products market (Grandviewresearch, 2016) From 2022 to 2030, the e-commerce segment is expected to grow at a compound annual growth rate of 7.0 percent. The increasing use of the internet by consumers, as well as targeted marketing by businesses to reach all client touchpoints, are expected to boost the expanding manufacture of natural skin products that are free of harmful chemicals. (Grandviewresearch, 2016). The products can be sold by hypermarkets and e-commerce.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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